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EY inks deal with blockchain technology provider Bitfury

EY inks deal with blockchain technology provider Bitfury

Nov 08, 2016

www.econotimes.com

Leading Big Four consultancy firm EY has entered into an agreement with The Bitfury Group, a leading full-service blockchain technology company, CNBC reported.

Under the terms of the agreement, The Bitfury Group will provide blockchain software services to EY and its client network. The deal follows Bitfury bagging the “Best Pitch” at the Ernst & Young Blockchain Startup Challenge, announced last month.

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Blockchain technology branches out from finance sector with EY deal

Blockchain technology branches out from finance sector with EY deal

Nov 07, 2016

www.cnbc.com

The rapidly increasing popularity of blockchain in the banking and finance sector has spread to the professional services sector with a deal between consultancy EY and blockchain technology provider The Bitfury Group.

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PRS For Music Mentors Blockchain Startups

PRS For Music Mentors Blockchain Startups

Nov 02, 2016

www.m-magazine.co.uk

The society took part in the recent EY Startup Challenge – and is now offering ongoing advice – to blockchain specialists working with industry to offer digital rights management solutions.Over six weeks, PRS for Music experts worked with two groups, JAAK and BitFury, guiding them through the creation of two unique ideas.

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Three Blockchain Projects Win E&Y Startup Challenge

Three Blockchain Projects Win E&Y Startup Challenge

Nov 01, 2016

www.coindesk.com

A startup contest hosted by professional services firm Ernst & Young ended with three blockchain companies receiving honors. The six-week E&Y Startup Challenge accepted six blockchain-focused startups in September, which focused on two application areas for the tech: digital rights management and energy transfer. The BitFury Group received an award for “Best Pitch” after it developed a blockchain-based tool for digital rights management.

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FINTECH: A Flare for Making Blockchain Scalable

FINTECH: A Flare for Making Blockchain Scalable

Nov 01, 2016

www.intellinews.com

In July, The Bitfury Group, the world’s leading full service blockchain technology company, in collaboration with the open-source Lightning Network community, released a white paper that offered a solution to a major piece of implementing the Lightning Network – payment routing. The paper introduced a payment routing algorithm, called Flare, which would allow for Lightning Network users to be able to successfully send payments to each other via connected nodes.

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Bitfury Featured in Politico Playbook

Bitfury Featured in Politico Playbook

Oct 24, 2016

www.politico.com

The Bitfury Group's Communications and Marketing team was highlighted in today's edition of Politico Playbook, Politico's must-read briefing on what's driving the day in Washington.

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Richard Branson: Blockchain could create ‘economic revolution’ in emerging markets

Richard Branson: Blockchain could create ‘economic revolution’ in emerging markets

Oct 03, 2016

www.cnbc.com

Blockchain technology could bring an "economic revolution" in many developing countries where proving ownership of assets or getting access to capital is difficult, Virgin Group founder and billionaire entrepreneur Richard Branson said on Monday.

Branson referenced the work of well-known economist Hernando de Soto, who recently announced a partnership with blockchain company BitFury and the Republic of Georgia's National Agency of Public Registry, to trial a land titling program.

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FINTECH: A blockchain reaction in society

FINTECH: A blockchain reaction in society

Sep 29, 2016

www.intellinews.com

The Bitfury Group has launched a Blockchain Trust Accelerator with New America and the National Democratic Institute to create additional pilot projects focused on what they call “blockchain for good” efforts.

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Lightning Test Moves Bitcoin Scaling Into Striking Distance

Lightning Test Moves Bitcoin Scaling Into Striking Distance

Sep 29, 2016

www.coindesk.com

Inspired by a white paper released by bitcoin tech firm Bitfury in July, the Acinq team launched 2,500 Amazon Web Service nodes this month as a way to test a proposed routing system for Lightning-style payments earlier this month. Conducted on 18th September, the test put the routing theory proposed in the white paper into practice.

As it showed Lightning nodes could effectively route payments, Bitfury CEO Valery Vavilov argued that the test was a significant milestone for bitcoin.

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BitFury Lightning Network Successfully Tested with French Bitcoin Company

BitFury Lightning Network Successfully Tested with French Bitcoin Company

Sep 29, 2016

cointelegraph.com

French Bitcoin technology company ACINQ has successfully tested and implemented leading Blockchain technology company Bitfury’s algorithm solution for instant payments routing on the Lightning Network.

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